22-07-2025
Televisa Beats Estimates as Cable Subscriber Disconnects Slow
Grupo Televisa SAB reported higher profits than analysts expected, as the company's improvements to its cable operations helped reduce churn.
The Mexican media and entertainment company's net income in the quarter was 474.5 million pesos ($25.5 million). Revenue declined 6.3% year over year to 14.7 billion pesos in the three-month period ended June 30, falling short of expectations, partly due to declines in its multiple cable television systems.
